Nord Stream 2 onshore gas link EUGAL to reach full capacity April 1: TSO
The second string of the EUGAL gas pipeline in Germany — designed to be the onshore extension of the unfinished Nord Stream 2 line — is on schedule to become Continue Reading
Rolls-Royce starts build of UltraFan aero-engine; 25% fuel efficiency improvement over first generation Trent
Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan. Work on the first module is underway at the DemoWorks facility in Derby, UK, and the demonstrator engine, which has Continue Reading
Orsted proposes 1 GW Dutch, Belgian renewable hydrogen project
Orsted plans to develop a 1 GW electrolyzer supplying industrial demand for renewable hydrogen in the Netherlands and Belgium by 2030, the Danish energy company said March 31. Not registered? Continue Reading
Russia Aims To Raise Production, Backs OPEC+ Cut Rollover
Russia, the leader of the non-OPEC group in OPEC+, favors a rollover of the alliance’s oil production cuts while seeking a slight increase for itself to meet higher seasonal demand, Continue Reading
Russia Trumpets Coronavirus Vaccine Exports, While Quietly Importing Doses
Russia has lauded with much fanfare the arrival of its homegrown vaccine, Sputnik V, in Latin America and Africa, and even in some countries in Europe, calling it a solution Continue Reading
Germany warns third coronavirus wave could be the worst so far
Germany’s third wave of the coronavirus could be the worst so far and 100,000 new daily infections is not out of the question, the head of the Robert Koch Institute Continue Reading
Europe warns hospitals at ‘breaking point’ as third Covid wave hits
European governments have warned that their hospitals are at risk of being overwhelmed by Covid-19 cases as leaders struggle to get a grip on the pandemic after a week of Continue Reading
Air France Is Said to Be Near Deal for State Rescue Plan
The French government is close to finalizing a recapitalization plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro Continue Reading
The UK Prepares To Boost North Sea Drilling
The U.K. has announced a ‘Landmark Deal’ to drill new wells in the North Sea securing the future of U.K. oil and saving thousands of jobs while calling net-zero promises Continue Reading
The U.S. Imports Record Share Of Russian Oil Despite Tensions
U.S. refiners have turned to Russian oil and petroleum products to fill the gap that sanctioned Venezuelan crude and drastically reduced OPEC shipments have left in U.S. imports, despite the Continue Reading